F+W Media’s titles sold at auction, Active Interest purchases some assets
FORT COLLINS and BOULDER — Macanta Investments LLC, a New York-based investment firm, looks set to acquire several crafts magazines based in Fort Collins after submitting winning bids in a bankruptcy auction.
Macanta successfully bid $3,525,000 for F+W Media Inc.’s arts and crafts titles Monday, including $2,850,000 for a group of magazines that includes Interweave, which was founded in Loveland in 1975. Interweave and other titles in the company’s crafting group are currently based in Fort Collins.
Cruz Bay Publishing, a subsidiary of Boulder-based publisher Active Interest Media, purchased Popular Woodworking, Writer’s Digest, Family Tree, Horticulture…
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